The Economic and Financial Crimes Commission,EFCC has secured 158 convictions between January and August, 2018, LEADERSHIP findings have revealed.
According to a document obtained from the anti-graft agency, the Commission also recovered N106,516,222,383.68 within the same period.
Also,a total of 1,635,925.81 US dollars, 25,575.00 Euros and 629,193.65 British pounds were recovered within the period under review.
Furthermore, the document also revealed that the EFCC has equally recovered N35billion for the Federal Inland Revenue Service, FIRS and about N4 billion for the Asset Management Corporation of Nigeria, AMCON.
This is even as the Commission is currently collaborating with FIRS and AMCON to recover more tax liabilities of other institutions running into billions, who have been identified, indicted and ready to pay.
It would be recalled that while interacting with the media recently, the EFCC acting chairman, Ibrahim Magu said with the $2.1 billion Dasukigate investigation, numerous senior military officers and their civilian accomplices were investigated and tried.
According to him,“Before now, military budgets were no-go areas that unfortunately had hemorrhaged our country badly.”
Magu also noted that investigation of corruption in the Judiciary by the EFCC has “helped in building public confidence again in our Judiciary in our Judiciary.”
He further cautioned politicians against reckless spending and bribery, noting that excessive use of money during elections leads to gross financial abuse and perversion of the electoral process and enthrone bad leadership which in turn creates corruption and bad governance.
- NEWS19 hours ago
Buhari Approves Appointment Of DG Legal Aid Council
- NEWS20 hours ago
Court Remands Man For Stealing Pants In Osun
- NEWS2 hours ago
FG Shortlists 10,000 Applicants For BRISIN Job
- NEWS19 hours ago
NLC Rejects N27,000 Minimum Wage
- CRIME19 hours ago
Magu Traces Illicit Funds, Stolen Assets To Dubai
- FEATURED12 hours ago
Reps Pass Bill To Criminalise Estimated Billing
- NEWS23 hours ago
Speed Limit: FRSC To Begin Enforcement On Private Vehicles
- COVER STORIES13 hours ago
Absence Of 99 Senators Forces Senate To Adjourn